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24 January 2025 | 6 replies
It’s better to start small and gain experience than to get stuck overanalyzing.Keep the questions coming!
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12 January 2025 | 1 reply
There are a lot of rules when it comes to buying a MH and if one thing is wrong the lender will deny the loan.Mostly pay attention to year built try and stay away from Mobile homes that are older than 20 years.
8 February 2025 | 89 replies
Pay attention all you Norada sympathizers !!
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14 February 2025 | 12 replies
While automation and calculators can certainly improve efficiency and reduce human error, they can’t replace the judgment gained through repetition and real-world experience.
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29 January 2025 | 68 replies
These companies, run by Kevin Bupp, Brian Spears, and Joanna Bupp, and how they buy up "mom & pop" mobile home parks, jack the rents up immediately to gain the most profit in the shortest amount of time with no care of the low income, fixed income, and elderly that were living in the mobile home parks comfortably.https://www.wivb.com/news/investigates/akron-mobile-home-residents-fight-back-against-out-of-town-owner/1779504663 That's how life works.
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15 February 2025 | 28 replies
I believe there will be short term pain , but long term gain .I actually hope home prices come down along with rents , I am in Maryland not far from Annapolis .
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17 January 2025 | 2 replies
Although the study may increase the gain, the gain may be taxed at a much lower rate making it a beneficial investment.If a property is purchased with the intention to flip or own for a short period of time (less than 3 years), a cost segregation study may not be significant.Overall, as long as you intend to hold the investment property for greater than a year, the benefits of a cost segregation study should be considered.
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16 January 2025 | 2 replies
They get a higher return since they are covering housing cost, have the $250k per spouse primary residence deduction in gains, is a savings account, higher leverage position, lower interest rate possible, will pay more premium for location, etc.House might be overpriced for REITs but not for home owners.
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5 February 2025 | 9 replies
*Look for properties where you can gain immediate equity by buying at a low price.
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14 January 2025 | 5 replies
Additionally, your brother would inherit your cost basis in the property, which could result in significant capital gains tax if he sells the property later.